Timeshare Companies’ Fraud and Deceit Can Be Used For Your Benefit

Timeshare owners constantly deal with fraud and deceit in this industry, which has become a hotbed for misrepresentation. The timeshare business has become synonymous with misrepresentation and financial hardship, which has wreaked havoc on the financial security of families throughout the real estate market. Fraud is replete throughout the timeshare industry, but a great majority of this misrepresentation occurs at the timeshare presentation.

Timeshare contracts are very often signed by honest consumers who are nonetheless unaware of how rampant timeshare misrepresentation actually is. Timeshare presentations can be grueling experiences where attendees are subject to several hours of misrepresentation, fraud, and immense pressure from salesmen. A large part of the effectiveness of timeshare presentations comes from the fact that these salesmen are very well trained and are able to sell the timeshare without the consumer logically thinking about the realities of the industry. However, the majority of timeshare contracts are actually sold because timeshare salesmen fully misrepresent the nature of the industry and the real estate market.

Attendees are mislead into believing that timeshares are quality investments that can lead to a large profit for the consumer. Furthermore, salesmen often claim that the market for timeshares is easy to navigate and flooded with buyers. This is the ultimate misrepresentation, as the timeshare market is actually extremely depressed, as the potential buyers are well aware of the fraudulent nature of the industry. Salesmen also speak of the ease of ownership and how timeshares offer great flexibility for family vacations. This is also timeshare misrepresentation, as these vacations are often cemented and can be very difficult to use effectively, especially with children.

Timeshare misrepresentation is undoubtedly negative for the real estate market, and for the consuming public in general. However, this is some small comfort for timeshare owners who have become victims of the timeshare misrepresentation that has become all too common in the industry.

Turn Timeshare Misrepresentation Against Timeshare Resorts

Timeshare Misrepresentation

While timeshare companies use misrepresentation to coerce consumers to purchase timeshares, owners can actually use this to their advantage when attempting to get out of a timeshare. The inherent nature of fraud and misrepresentation makes the “legal contract” that owners have signed highly suspect. While salesmen often use rhetorical devices to sell products in our society, timeshare misrepresentation has become so blatant as to bring the entire industry into question.

Timeshare misrepresentation is well-documented, and this has drawn the attention of consumer activist groups, legal entities, and the federal trade commission. Timeshare misrepresentation is so rampant and widespread that all timeshare contracts can be questioned. When attempting to get out of a timeshare contract, the greatest weapon that an owner can utilize is leverage against the timeshare company. The problem with timeshare misrepresentation is that it can be somewhat difficult to prove. It is a very good idea to document, in detail, all forms of timeshare misrepresentation experienced at the timeshare presentation. These lies constitute fraud and are a great way to build leverage against timeshare companies. Even if this misrepresentation is merely a consumer’s word, the industry has come under such fire that this may be the leverage you need to nullify the contract.

Timeshare companies do not let owners break contracts easily, but timeshare misrepresentation is truly just cause for breaking a contract, and timeshare companies know this. Furthermore, timeshare companies are under such scrutiny at the moment that they will often let an owner out of a timeshare contract if they fear legal repercussion. It is essential to use all of the weapons at your disposal when getting out of a timeshare, and misrepresentation is perhaps the most potent way to accomplish this feat. Timeshare misrepresentation is destructive and underhanded, but can be turned against the very company that has sold you a product under false pretenses.

I was lied to by Wyndham Rep who said she would rent out my points to big events and make my payments -I told her she better be honest because I could not afford the contract and once before at Wyndham BransonMO. a guy lied and they took back the contract and fired the guy -Not to worry she did this for other widow ladies who did't travel as much / with the points this totaled a million points to book at top places .She couldn't book till the new year when the points were posted which is way after the decline period . This cost me $1375 mo loan Payment and 485 Maintance for 9 more years. I am74 and it has damaged my credit and I have no money for anything else.Do you have any suggestions. The law that needs to be in place is that all meeting need to be recorded. please reply to my email Yvonne reimers

Reply

Finney

10/26/2018 12:39:35 pm

This recently happened to me as well. A finance guy in Las Vegas said he would pay my monthly fees if I didn't use my points for at least 4 years

Reply

Gina

2/22/2018 04:30:54 pm

Wyndham lied to me too! I was told my points for Wyndham would be combined with my existing points from my other resort. Then RCI said they don't know why they would have told me that, it absolutely can't be done. I asked twice before purchasing, and then again on the phone when I spoke with the Wyndham rep setting up my Wyndham RCI account. That seemed suspicious, so I called RCI. I've now been on the phone for well over 3 hours total. Wyndham's "owner care" department should really be renamed "don't care about the owner" department. All the little weasel on the phone did was make excuses for the lies and said "you know, you can sell it." I'm speaking with my attorney tomorrow. I was asking to void the contract and now they will have to pay attorney fees, and I think I'll ask for damages, due to the time I've spent on the phone and the extreme stress this has caused!!!

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